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Oggi Lofts 600 Central St

25 Unit Apartment Building For Sale Kansas City, MO 64105

Investment Highlights

  • OGGI Lofts, situated on the northern edge of the downtown loop in Kansas City
  • The property boasts luxury Class A loft-style finishes and ample amenities, making it an ideal place for young professionals
  • This investment offers buyers a stabilized, turnkey asset surrounded by positive momentum throughout downtown
  • 25 units, was fully rehabbed in 2019 with historic tax credits, and is extremely well positioned for growth
  • The property is conveniently situated next to I-70 and I-35, providing easy access to the entire Kansas City Metro

Executive Summary

OGGI Lofts, situated on the northern edge of the downtown loop in Kansas City, Missouri, comprises 25 units, was fully rehabbed in 2019 with historic tax credits, and is extremely well positioned for growth compared to the competition in the surrounding area. Originally built in 1902, it was home to a furniture shop until vacated in 2007. The unit mix consists of two studio units at 552 square feet, 20 one-bed/one bath units with an average of 694 square feet, and three two-bed/two-bath units at 1,313 square feet. The property boasts luxury Class A loft-style finishes and ample amenities, making it an ideal place for young professionals.
Located on the north end of Downtown Kansas City, the property is conveniently situated next to I-70 and I-35, providing easy access to the entire Kansas City Metro. Just blocks away is a stop on the KC Streetcar which can take you south through the downtown loop, the Crossroads Art District, and soon to the Country Club Plaza via the southern extension that will wrap up construction in 2025. To the north of the property is the historic Kansas City River Market which includes a mix of shops, boutiques, a unique variety of restaurants and cafes, and the region’s largest farmer’s market.
This investment offers buyers a stabilized, turnkey asset surrounded by positive momentum throughout downtown. To support additional rent growth, the property’s amenities include a fitness center, rooftop grill and lounge, elevator access, additional storage, off-street parking, and smart home features, which set OGGI Lofts apart from the competition.

Data Room Click Here to Access

Property Facts

Sale Type Investment
No. Units 25
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 0.28 AC
Building Size 21,600 SF
No. Stories 4
Year Built/Renovated 1902/2019
Parking Ratio 1.25/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Warming Drawer
  • Window Coverings
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Fitness Center
  • Property Manager on Site
  • Renters Insurance Program
  • Hearing Impaired Accessible
  • Maintenance on site
  • Online Services
  • Vision Impaired Accessible
  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 552
1+1 20 - 616 - 738
2+2 3 - 1,313
Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-220-08-01-00-0-00-000
Land Assessment
$89,319
Improvements Assessment
$495,501
Total Assessment
$584,820

zoning

Zoning Code Downtown Core
Downtown Core
  • Listing ID: 31716533

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 600 Central St, Kansas City, MO 64105

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